Cryptocurrency Q&A
Is stealth a feeless cryptocurrency?
Is stealth a feeless cryptocurrency?
WindRider
Tue Jul 09 2024
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5 answers
1356
Could you elaborate on whether Stealth is indeed a feeless cryptocurrency? The term 'feeless' suggests that there are no transaction costs involved when using Stealth for transactions, but it's important to verify this claim. In the cryptocurrency world, transaction fees can vary significantly between different coins and protocols. Understanding the fee structure of Stealth is crucial for potential investors and users to make informed decisions. Could you clarify if Stealth truly operates without any transaction fees and if so, how it achieves this?
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5 answers
ZenBalance
Thu Jul 11 2024
The concept of feeless transactions holds significant implications for the broader adoption of blockchain technology. In a fee-based model, even microtransactions, valued at fractions of a cent, become economically unviable.
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KatieAnderson
Thu Jul 11 2024
Stealth emerges as the sole descendant of Bitcoin, a coin built on the BTC code base, offering a unique proposition of genuine feeless transactions.
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Sara
Wed Jul 10 2024
With Stealth's feeless structure, these microtransactions become feasible, opening up a realm of possibilities for blockchain usage. The elimination of transaction fees removes a significant barrier to entry for smaller-scale transactions.
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Andrea
Wed Jul 10 2024
BTCC, a cryptocurrency exchange based in the UK, recognizes the potential of feeless transactions. Among its diverse services, which include spot trading, futures, and wallet management, BTCC strives to provide users with access to innovative coins like Stealth.
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CryptoPioneer
Wed Jul 10 2024
By supporting feeless coins, BTCC enables users to engage in microtransactions with ease and convenience. This not only enhances the user experience but also promotes the broader adoption of blockchain technology.
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